Ocean Power Technologies Inc (OPTT)

[frankvestor8]

Nothing always works when it comes to stock market.

"The market is or will be pricing in 15 to 20x of future cash at any time."

In 2008, this stock traded at $180. Shares outstanding back then was 10.2 million. So the market cap was 1.8+ Billion. 15x that would be $27.5 Billion. 20x that would be 36.7 Billion.

Just look at when in the subsequent years OPTT has ever generated $27-37 billion cash. It simply kept on burning cash year after year.

Did that prove your statement at all? LOL.

OPTT will be burning cash for many years to come! Wake up!

100+% interest rate is the only factor that has kept me from shorting it. Moreover, the chart pattern has not given green yet. But the time will come in the next few months.